Powell: US economy is in a good place and will continue to use monetary policy tools to keep it there

Powell: US economy is in a good place and will continue to use monetary policy tools to keep it there

Powell: US economy is in a good place and will continue to use monetary policy tools to keep it there
— DailyFX Team Live (@DailyFXTeam) January 30, 2019

Added at 2:33pm

Powell: Growth has slowed particularly in China and Europe, several risks unsettled, financial conditions have tightened, sentiment has moved lower giving reason for caution
— DailyFX Team Live (@DailyFXTeam) January 30, 2019

Added at 2:33pm

Powell: Common sense risk management suggests patiently waiting greater clarity
— DailyFX Team Live (@DailyFXTeam) January 30, 2019

Added at 2:34pm

Powell: The case for raising rates has weakened somewhat $USD $DXY
— DailyFX Team Live (@DailyFXTeam) January 30, 2019

Added at 2:35pm

Fed’s Powell; Policies Remain Data Dependent; Picture Remains ‘Somewhat Contradictory’
— LiveSquawk (@LiveSquawk) January 30, 2019

Added at 2:39pm

Powell:
-Balance sheet size to be driven by reserve demand plus a buffer
-Higher reserve holdings important for financial institutions
— DailyFX Team Live (@DailyFXTeam) January 30, 2019

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Comment #1
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Jan 30, 2019 2:35pm Jan 30, 2019 2:35pm

ashimkhan
| Joined Jan 2013 | Status: Member | 264 Comments

Not bad but USD is down

Comment #2
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Jan 30, 2019 2:39pm Jan 30, 2019 2:39pm

Mayly-May
Joined Jan 2016 | Status: I'm back &#55357;&#56845; will you miss | 29 Comments

😋 F. epic dollar day thank you 😚

Comment #3
Quote
Jan 30, 2019 2:39pm Jan 30, 2019 2:39pm

FlopHero
| Joined May 2018 | Status: Member | 148 Comments

All Dovish Speech Sell $ euro usd 1.15400 soon gold will on 1325 gbpusd 1.32

Comment #4
Quote
Jan 30, 2019 2:41pm Jan 30, 2019 2:41pm

FlopHero
| Joined May 2018 | Status: Member | 148 Comments

Powell patient wait-and-see policy is warranted

Comment #5
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Jan 30, 2019 2:46pm Jan 30, 2019 2:46pm

FlopHero
| Joined May 2018 | Status: Member | 148 Comments

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Comment #6
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Jan 30, 2019 2:50pm Jan 30, 2019 2:50pm

rafat habeb
Joined Nov 2008 | Status: Swinging 2022 and scalping | 404 Comments

Quoting Mayly-May

Disliked

😋 F. epic dollar day thank you 😚

Ignored

its not about how bad it is, its about how things going to be for the next tow weeks and big investors act fast , soon things going bull for the usd But not today!!

Let me fill my acount wallet then will take Ur advice

Comment #7
Quote
Jan 30, 2019 2:51pm Jan 30, 2019 2:51pm

rafat habeb
Joined Nov 2008 | Status: Swinging 2022 and scalping | 404 Comments

patiently waiting!! hmm that not good phrase out there!! he meant it!!

Let me fill my acount wallet then will take Ur advice

Comment #8
Quote
Jan 30, 2019 2:53pm Jan 30, 2019 2:53pm

rafat habeb
Joined Nov 2008 | Status: Swinging 2022 and scalping | 404 Comments

RIP usd !! Lol untill A good comment powell lol ,maybe the next hour!!

Let me fill my acount wallet then will take Ur advice

Comment #9
Quote
Jan 30, 2019 2:57pm Jan 30, 2019 2:57pm

rashadali
Joined Jan 2016 | Status: Member | 570 Comments

US economy is stroing and doing good is not enought. Waiting patiantly waiting is bad

Comment #10
Quote
Edited 3:26pm Jan 30, 2019 2:58pm | Edited 3:26pm

Mayly-May
Joined Jan 2016 | Status: I'm back &#55357;&#56845; will you miss | 29 Comments

Quoting rafat habeb

Disliked

RIP usd !! Lol untill A good comment powell lol ,maybe the next hour!!

Ignored

my sense say " Powell sell us dollar to..." maybe he shoot scalping sell with a big LOT!!😋

Comment #11
Quote
Jan 30, 2019 2:58pm Jan 30, 2019 2:58pm

FlopHero
| Joined May 2018 | Status: Member | 148 Comments

DONT BE FOOL .... SPEECH IS TOTALLY DOVISH .... BIG ISSUE IS WITH BALANCE SHEET ... $ will be weaker and Weaker just wait and see

Comment #12
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Jan 30, 2019 3:06pm Jan 30, 2019 3:06pm

lioslim
Joined Oct 2011 | Status: just me | 95 Comments

bring it down now

Comment #13
Quote
Jan 30, 2019 3:08pm Jan 30, 2019 3:08pm

lioslim
Joined Oct 2011 | Status: just me | 95 Comments

I am holding usd and Jpy against nzd, which i think will start going down today or in the next couple days. we should see
I may be wrong, but I already put my money there, so lets wait

Comment #14
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Jan 30, 2019 3:13pm Jan 30, 2019 3:13pm

Guest
| IP XXX.XX.185.6

In a crisis, commodity currencies and the euro fall.

Comment #15
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Jan 30, 2019 3:14pm Jan 30, 2019 3:14pm

swing77
Joined Oct 2015 | Status: Ltf market | 1469 Comments

I CALL FOR PUSH NOW

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Comment #16
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Jan 30, 2019 3:18pm Jan 30, 2019 3:18pm

Graviton
Joined Apr 2010 | Status: Member | 30 Comments

A few weeks ago it was risk on in Asia, sell JPY. Today was follow through in Europe and the US, sell Chf and USD. Fed policy doesn't turn on a dime. Expect easy money policies now until inflation numbers rise above 2%.

Comment #17
Quote
Jan 30, 2019 3:45pm Jan 30, 2019 3:45pm

kamifx
| Joined Jul 2012 | Status: Member | 39 Comments

USD will be sold much than today specially Vs. EUR as i predicted on my Facebook on 29th of Jan. for EurUsd Up trend but it takes time to break 1.1508 towards 1.1533 and then 1.1567

Don’t follow someone else’s trading advice blindly

Comment #18
Quote
Jan 30, 2019 8:48pm Jan 30, 2019 8:48pm

Lamplighter
| Joined Sep 2017 | Status: Member | 1006 Comments

Sounds like a shift towards repatriation of eurodollars - 'monetary policy tools' - its an option when you can't use interest rates to wangle the economy. US needs to devalue USD as the global economy is slowing - to try and keep competitive, and bolster inboard growth. Chinese new year could be a further trigger for USD volatility - Trump's 'tariff war' notwithstanding. Gold moves pointing towards safe haven status.

Comment #19
Quote
Jan 31, 2019 1:32am Jan 31, 2019 1:32am

rafat habeb
Joined Nov 2008 | Status: Swinging 2022 and scalping | 404 Comments

Quoting Mayly-May

Disliked

{quote} my sense say " Powell sell us dollar to..." maybe he shoot scalping sell with a big LOT!!😋

Ignored

Hahaha yes he did and did it right!! Lol , bet its going good for usd today? lets see how things goes ,good luck dear

Let me fill my acount wallet then will take Ur advice

Story Stats

Posted: Jan 30, 2019 2:31pm
Submitted by:
Newsstand

Category: High Impact Breaking News

Comments: 19 / Views: 10,238
Linked event:
USD FOMC Press Conference